Development Fees Ordinance 06-34

This document pertains to the City of Ocean City's Development Fee Ordinance, specifically Ordinance No. 06-30, related to zoning regulations and development fees as governed by Chapter 55 of Title 40 of the Revised Statutes. The ordinance establishes standards for the collection, maintenance, and expenditure of development fees for low- and moderate-income housing, and is intended to comply with COAH's rules on development fees. It specifies fees for residential and non-residential developments, exemptions, and the creation of an Affordable Housing Trust Fund, while emphasizing the need for COAH's approval for spending plans and substantive certification.